8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): November 5, 2008

Starwood Hotels & Resorts Worldwide, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Maryland	1-7959	52-1193298
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
1111 Westchester Avenue, White Plains, New York		10604
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (914) 640-8100

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 10, 2008, the Company announced that it appointed Clayton C. Daley, Jr. a director of the Company on November 5, 2008. The press release is attached as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release dated November 10, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Starwood Hotels & Resorts Worldwide, Inc.
November 10, 2008	By:	Kenneth S. Siegel
		Name: Kenneth S. Siegel
		Title: Chief Administrative Officer and General Counsel

Exhibit Index

Exhibit No.	Description
99.1	Press release dated November 10, 2008.

EX-99.1

Media Contact:
K.C. Kavanagh
(914) 640-8339

STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
APPOINTS LONGTIME PROCTER & GAMBLE EXECUTIVE
CLAYTON C. “CLAYT” DALEY, JR. TO BOARD OF DIRECTORS

WHITE PLAINS, NY—November 10, 2008 – Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), one of the world’s largest hotel and leisure companies, announced today the appointment of Clayton C. Daley, Jr. to the Company’s Board of Directors. Mr. Daley, 57, is currently Vice Chair and Chief Financial Officer for Procter & Gamble.

“With more than a decade of experience in the top financial position at P&G, Clayt is one of the most highly regarded CFOs in the world,” said Frits van Paasschen, Starwood’s President and Chief Executive Officer. “Coupled with his impressive background in corporate strategy and planning at arguably the biggest brand powerhouse in the world, Clayt will be a tremendous asset as Starwood continues to aggressively grow our global footprint and extend the depth and breadth of our nine distinctive and compelling brands.”

Mr. Daley has spent his entire professional career with Procter & Gamble, joining the company in 1974, and has held a number of key Accounting and Finance positions including Comptroller, U.S. Operations for Procter & Gamble USA; Vice President and Comptroller of Procter & Gamble International and Vice President and Treasurer. Mr. Daley was appointed to his current position as Chief Financial Officer, Procter & Gamble in 1998 and was elected Vice Chair in 2007.

Mr. Daley’s active involvement in professional organizations and charities include the Financial Executives Institute; the Rotary Club of Cincinnati; the Board of Directors for the Boys Scouts of America, Dan Beard Council; Board of Directors for Cancer Family Care; Member, Officers Conference Group; and Member, Council of Financial Executives.

Mr. Daley, who also serves on the Board of Directors of Nucor Corporation, earned a Bachelor of Arts in Economics from Davidson College and received his Masters of Business Administration from The Ohio State University.

About Starwood Hotels & Resorts Worldwide, Inc.®
Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with approximately 900 properties in more than 100 countries and 155,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, and the recently launched Aloft^SM, and Element^SM. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit starwoodhotels.com